ITASCA, IL, July 22, 2020 /CNW/ - (NYSE: KFS) Kingsway
Financial Services Inc. ("Kingsway" or the "Company") today
announced that on July 20, 2020 the
Company received a notice letter from the New York Stock Exchange
("NYSE") stating that, effective July 21,
2020, the Company will be removed from NYSE's late filers'
list to be disseminated to data vendors and will not be posted on
the NYSE's Listed Standards Filing Status page on www.nyse.com. The
NYSE's letter comes after the Company filed its Annual Report on
Form 10-K for the fiscal year ended December
31, 2019 on July 10, 2020 and
filed its Quarterly Report on Form 10-Q for the period ended
March 31, 2020 on July 17, 2020, thus becoming current on its
financial reporting obligations.
About the Company
Kingsway is a holding company that owns or controls subsidiaries
primarily in the extended warranty, asset management and real
estate industries. The common shares of Kingsway are listed on the
New York Stock Exchange under the trading symbol "KFS."
Forward-Looking Statements
This press release may include "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 that are not
historical facts, and involve risks and uncertainties that could
cause actual results to differ materially from those expected and
projected. Words such as "expects," "believes," "anticipates,"
"intends," "estimates," "seeks" and variations and similar words
and expressions are intended to identify such forward-looking
statements; however, the absence of any such words does not mean
that a statement is a not a forward-looking statement. Such
forward-looking statements relate to future events or future
performance but reflect Kingsway management's current beliefs,
based on information currently available. A number of factors could
cause actual events, performance or results to differ materially
from the events, performance and results discussed in the
forward-looking statements. For information identifying important
factors that could cause actual results to differ materially from
those anticipated in the forward-looking statements, please refer
to the section entitled "Risk Factors" in the Company's Annual
Report on Form 10-K for the fiscal year ended December 31, 2019 (the "2019 Annual Report").
Except as expressly required by applicable securities law, the
Company disclaims any intention or obligation to update or revise
any forward-looking statements whether as a result of new
information, future events or otherwise.
Additional Information
Additional information about Kingsway, including a copy of its
2019 Annual Report and filings on Forms 10-Q and 8-K, can be
accessed on the Canadian Securities Administrators' website at
www.sedar.com, on the EDGAR section of the U.S. Securities and
Exchange Commission's website at www.sec.gov or through the
Company's website at www.kingsway-financial.com.
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SOURCE Kingsway Financial Services Inc.